It’s set to be a critical week for Sterling…
On Tuesday, Theresa May has one last chance to get her Brexit deal through Parliament.
However, it doesn’t look good as the EU or UK are refusing to compromise.
The scary thing is that is a “no deal” scenario is still the default position.
Without new legislation that’s exactly what will happen at the end of this month.
With the stakes so high, the Pound could be facing major volatility.
Some analysts are predicting the Pound could gain or lose up to 6% as a result of tomorrow’s vote.
For many people, that’s not a risk they want to take.
If you have exposure to the Pound, we suggest getting in touch today to discuss your options.
To speak to a trader call 01872 487 500.
Or if you would like to find out current rates, request a free quote below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Monday 11th March 2019 at 09:30
£1.00 GBP = 1.1535 EURO
£1.00 GBP = 1.2972 USD
£1.00 GBP = 1.8407 AUD
£1.00 GBP = 1.9038 NZD
£1.00 GBP = 1.7402 CAD
£1.00 GBP = 18.6607 ZAR
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